US Republicans pass bill to block last minute Obama regulations on coal
Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.
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China steps up efforts to cut coal capacity
Country’s top economic planner aims to cut 800 million tonnes of coal capacity a year until 2020, even as production and consumption of the fuel increases.
Take comfort in gold’s long term fundamentals
Rather than ending 2016 on a strong note, the biggest surprise to many was the failure of gold to surge higher in the wake of Donald Trump’s election as the next president of the United States.
Gold close to 4-week high on weaker dollar, surging demand
Analysts believe the upcoming Chinese New Year celebration will likely result in some physical restocking of metal in that country as well as India, the world’s top consumers.
BSGR boss house arrest ends with no charges over Guinea bribery claims
The Israeli billionaire, under house arrest since Dec. 19, has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea.
25 miners died in work-related accidents last year in the US
Preliminary data released by the U.S. Department of Labor’s Mine Safety and Health Administration indicate that in 2016, 25 miners died in work-related accidents at the nation’s mines – down from 29 in 2015.
Gold price: ETF investors start 2017 with massive offload
Since Trump's victory investors in top physically-backed gold exchange traded fund GLD have dumped 136 tonnes, liquidating another 8 tonnes on Tuesday.
CHARTS: Gold price ‘increasingly ripe for a bounce’
Hedge funds covering short positions prompt spike in gold price to three-week high on first full trading day of 2017.
Tree leaves and termites may be key to finding gold deposits
Australian researchers say acacia trees and termites that thrive in arid climate conditions can guide explorers towards rich gold deposits.
